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sale of second home 1099 S
I need help completing my 2021 taxes
I sold a second home I have had long term, it is not my primary residence
past 5 years was used by step son free
I have my initial cost basis at time of purchase 1997
1099 S has my gross proceeds
I have my seller statement.
I have receipts for improvements and additions which I want to use to increase my cost of home
where do I add the figures for my improvements to the cost basis (home purchase cost + improvement cost) the program is not very clear on this.
thank you.
March 3, 2022
11:26 AM